Following a 10-for-1 split of Super Micro Computer Inc. (NASDAQ: SMCI) stock that arrives at a tumultuous time for the company facing allegations and an investigation of potential wrongdoings, investors are wondering what the future holds for one of the semiconductor industry's heavyweights. Indeed, the stock split, a common corporate action introduced to make shares more affordable, saw SMCI stock holders go from having, for instance, 100 stocks at $416.51 per share at the close on September 30 to possessi ...

SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Troubled server maker Super Micro Computer's shares are set to begin trading at a lower price on October 1 following a 10-for-1 stock split. The stock split, a common corporate action designed to make shares more affordable, comes after a tumultuous month in which the company grapples with allegations of accounting irregularities and potential wrongdoing. The U.S. Attorney's Office in San Francisco has reportedly contacted individuals with potential knowledge ...

SAN DIEGO, Oct. 1, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in Super Micro Computer, Inc. (NASDAQ: SMCI) shares. Investors who purchased shares of Super Micro Computer, Inc. (NASDAQ: SMCI) have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554. On August 27, 2024, Hindenburg Research issued a report regarding Super Micro Computer, Inc, highlighting a number of concerns regardi ...

NEW YORK, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Super Micro Computer, Inc. (NASDAQ: SMCI) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Super Micro Computer, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/super-micro-computer-inc. Investors have until October 29, 2024 to ask ...

The high-performance server specialist with AI ties needs to resolve its macro, competitive, and regulatory issues. Super Micro Computer (SMCI -0.80%), also known as Supermicro, disappointed a lot of investors over the past six months. On March 13, 2024, the server maker's stock closed at a record high of $1,188.07 as its market cap hit $67 billion. That marked a stunning gain of 5,080% over the previous four years. Supermicro's stock had caught fire because it dazzled investors with its brisk sales of high ...

Super Micro Computer (SMCI) closed the most recent trading day at $416.56, moving -0.76% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.42%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.38%. The the stock of server technology company has fallen by 4.1% in the past month, lagging the Computer and Technology sector's gain of 1.78% and the S&P 500's gain of 2.06%. Investors will be eagerly watching for ...

When I last covered Super Micro Computer, Inc. (NASDAQ: SMCI ) on May 6th, 2024 with " Super Micro: Sell-Off Is A Buying Opportunity ", the stock was caught in the midst of an extreme downturn Analyst's Disclosure: I/we have a beneficial long position in the shares of SMCI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any ...

Super Micro Computer has some short-term headwinds dragging the stock down. Stock splits are usually good indicators of strength, since companies normally only split their stock after the price of an individual share has gotten expensive. Super Micro Computer's (SMCI 0.75%) split is coming soon -- the company expects its 10-for-1 split to take effect on Oct. 1 -- but it hit a rough patch shortly after announcing it. Since then, the stock is down around 32%. There are a few reasons for this, but I don't thin ...

PHILADELPHIA, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Nationally recognized law firm Berger Montague PC informs investors that a lawsuit was filed against Super Micro Computer, Inc. ("Super Micro" or the "Company") (NASDAQ: SMCI) on behalf of purchasers of Super Micro securities between February 2, 2021 and August 28, 2024, inclusive (the "Class Period"). Investors that suffered losses from Super Micro (NASDAQ: SMCI) investments can follow the link below for more information regarding the lawsuit: CLICK HERE to ...

Following stock splits from artificial intelligence (AI) juggernauts Nvidia and Broadcom, it's time for another AI leader to take center stage with a forward split of its own. For much of the last 30 years, investors have had a next-big-thing technology or trend to captivate their attention. The rise of the internet, business-to-business commerce, and cloud computing are just some of the big-dollar addressable markets that have lured investors. But on rare occasion, two hot trends vie for Wall Street's atte ...